Huadi International Group Co (Huadi International Group Co) Debt-to-EBITDA : 2.53 (As of Sep. 2023)

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What is Huadi International Group Co Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Huadi International Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.12 Mil. Huadi International Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $5.40 Mil. Huadi International Group Co's annualized EBITDA for the quarter that ended in Sep. 2023 was $4.55 Mil. Huadi International Group Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.53.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Huadi International Group Co's Debt-to-EBITDA or its related term are showing as below:

HUDI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.54 Med: 4.89 Max: 6.76
Current: 2.54

During the past 6 years, the highest Debt-to-EBITDA Ratio of Huadi International Group Co was 6.76. The lowest was 2.54. And the median was 4.89.

HUDI's Debt-to-EBITDA is ranked better than
51.33% of 489 companies
in the Steel industry
Industry Median: 2.63 vs HUDI: 2.54

Huadi International Group Co Debt-to-EBITDA Historical Data

The historical data trend for Huadi International Group Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Huadi International Group Co Debt-to-EBITDA Chart

Huadi International Group Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-EBITDA

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3.80

5.04

6.76

4.75

2.54

Huadi International Group Co Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial						5.43	9.26	3.39	1.00	2.53

Competitive Comparison of Huadi International Group Co's Debt-to-EBITDA

For the Steel subindustry, Huadi International Group Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Huadi International Group Co's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Huadi International Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Huadi International Group Co's Debt-to-EBITDA falls into.

Huadi International Group Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Huadi International Group Co's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(6.119	+	5.399)	/	4.528
	=	2.54

Huadi International Group Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(6.119	+	5.399)	/	4.55
	=	2.53

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Sep. 2023) EBITDA data.

Huadi International Group Co (NAS:HUDI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Huadi International Group Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Huadi International Group Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Huadi International Group Co (Huadi International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Huadi International Group Co Ltd (NAS:HUDI) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1688 Tianzhong Street, Longwan District, Zhejiang Province, Wenzhou, CHN, 325025

Website

http://www.huadigroup.com

Huadi International Group Co Ltd is a manufacturer of industrial stainless steel seamless pipes and tubes products. Its products are used in the oil & gas transmission, chemistry engineering, food processing, medical devices, aeronautics and astronautics, boiler, irrigation works construction, automobile and naval architecture, paper mill and mechanical industries. Products are exported to the United States, Mexico, Thailand, Australia, Argentina, Taiwan, India, the Philippines, UAE and Canada. Geographically, majority revenue is generated from China.